15 U.S.C. § 1717
Section 1717 · Penalties for violations
Amended 2 times on record
Applied in 9 court decisions — leading case United States v. Steed (1982)
Most recently applied in 685 F. Supp. 2d 752 - Venezia v. 12th & Division Properties, LLC (February 2010)
How often courts cite this section
Court decisions citing this, by year.Markers show enactment, consequential amendments, and circuit splits over this section — watch for a citation surge after a change or a disagreement. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Any person who willfully violates any of the provisions of this chapter, or the rules and regulations prescribed pursuant thereto, or any person who willfully, in a statement of record filed under, or in a property report issued pursuant to, this chapter, makes any untrue statement of a material fact or omits to state any material fact required to be stated therein, shall upon conviction be fined not more than $10,000 or imprisoned not more than five years, or both.
Editorial notes U.S. Code · Office of the Law Revision Counsel
Amendments
1979—Pub. L. 96 153 substituted “$10,000” for “$5,000”.
Effective Date of 1979 Amendment
Amendment by Pub. L. 96 153 effective on effective date of regulations implementing such amendment, but in no case later than six months following Dec. 21, 1979, see section 410 of Pub. L. 96 153, set out as a note under section 1701 of this title.